Fashion
Another tech company says it will cut hundreds of jobs amid pivot to AI
Layoffs have continued with another tech company saying it was cutting people to enable it to use more artificial intelligence. Groupon announced in a security filing this month that...
Japan’s Nikkei scales record peak on Mideast, AI optimism
Published Fri, May 29, 2026 · 05:06 PM[TOKYO] Japan’s Nikkei share average rose to a record high on Friday, powered by renewed optimism for a near-term peace deal in...
Australian shares log best day in seven weeks on Gulf peace hopes
Published Fri, May 29, 2026 · 04:50 PMAUSTRALIAN shares booked their best session in seven weeks on Friday (May 29), as news of a potential deal to extend the...
European markets rise as investors await US-Iran ceasefire extension
Published Fri, May 29, 2026 · 04:38 PMEUROPEAN shares rose on Friday (May 29) and were on track to end the month higher, as investors took comfort from expectations that...
Yen back in danger zone as Tokyo officials keep investors on edge
Published Fri, May 29, 2026 · 02:04 PM[TOKYO] As Japan’s yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo’s remaining financial...
Singapore’s Sea sets up AI investment team as part of pivot beyond e-commerce
Sea has been embedding AI in small ways, like through product recommendations and seller toolsPublished Fri, May 29, 2026 · 01:40 PM — Updated Fri, May 29, 2026 ·...
Singapore’s Sea sets up AI investment team as part of tech pivot beyond e-commerce
Sea has been embedding AI in small ways like through product recommendations and seller toolsPublished Fri, May 29, 2026 · 01:40 PMSEA has set up a dedicated team to...
KPMG Australia CEO and audit head quit over whistleblower investigation
The accounting firm audits some of Australia’s biggest companies, including major banksPublished Fri, May 29, 2026 · 01:25 PM[SYDNEY] Accounting firm KPMG Australia said on Friday (May 29) that...
Aggressive Asia hikes show few signs of stabilising currencies
Published Fri, May 29, 2026 · 12:51 PMASIAN central banks are turning to ever more aggressive interest-rate hikes to shore up currencies, though there are few signs of success.The...
Foxconn has immense confidence in growth momentum due to AI, chairman says
The company is Nvidia’s biggest server maker and Apple’s top iPhone assemblerPublished Fri, May 29, 2026 · 12:13 PM[NEW TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, has...
